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MKSystemTSE:3910 +0.73%56 Days Payable is 14.83 as of Mar. 2026, which is 6% below its 10-year median of 15.74. GuruFocus rates TSE:3910 with a GF Score™ of 56/100 and a GF Value™ of 円360.90 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,603 Software companies, MKSystem ranks worse than 82.98% on this metric.
MKSystem's average Accounts Payable for the
six
months ended in Mar. 2026 was 円71 Mil. MKSystem's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円869 Mil.
Hence, MKSystem's Days Payable for the
six
months ended in Mar. 2026 was 14.83.
The historical rank and industry rank for MKSystem's Days Payable or its related term are showing as below:
TSE:3910'
s Days Payable Range Over the Past 10 Years
Min: 9.75 Med: 15.74 Max: 36
Current: 17.9
During the past 13 years, MKSystem's highest Days Payable was 36.00. The lowest was 9.75. And the median was 15.74.
TSE:3910's Days Payable is ranked worse than 82.98% of 2603
companies
in the Software industry
Industry Median: 52.78
vs TSE:3910: 17.90
MKSystem's Days Payable
declined
from Mar. 2025 (15.16) to Mar. 2026 (14.83).
It may suggest that MKSystemaccelerated paying its suppliers.
MKSystem Days Payable Related Terms
MKSystem Days Payable Historical Data
* Premium members only.
The historical data trend for MKSystem's Days Payable can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TSE:3910 vs UBER, SHOP, CRM: Days Payable Comparison
For the Software - Application subindustry, MKSystem's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MKSystem Days Payable vs Software Industry
For the Software industry and Technology sector, MKSystem's Days Payable distribution charts can be found below:
* The bar in red indicates where MKSystem's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
MKSystem's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MKSystem (TSE:3910) has a Days Payable of 14.83 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on MKSystem and its competitors. This is near median its historical median of 15.74. Over the past decade, MKSystem's Days Payable has ranged from 9.75 to 36.00. According to the industry distribution chart, MKSystem ranks #2160 out of 2603 companies in the Software industry, placing it in the top 83%.
Is MKSystem's Days Payable too high?
MKSystem's current Days Payable of 14.83 is near median its 10-year median of 15.74. Over the past 10 years, this metric has ranged from a low of 9.75 to a high of 36.00. The Software industry median Days Payable is 52.78. MKSystem's value of 14.83 is 71.9% below this industry median. Based on the distribution chart, MKSystem ranks #2160 out of 2603 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, MKSystem has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MKSystem's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, MKSystem ranks #2160 out of 2603 companies for Days Payable. This places MKSystem in the lower half of its industry. The industry median Days Payable is 52.78. MKSystem's value of 14.83 is 71.9% below this benchmark. Historically, MKSystem's own Days Payable has ranged from 9.75 to 36.00 over the past decade. While the company's 10-year median is 15.74 vs. the industry median of 52.78, MKSystem has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Software company?
The median Days Payable among Software companies is 52.78, based on 2,603 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MKSystem's current Days Payable of 14.83 is 71.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on MKSystem and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MKSystem's current Days Payable is 14.83, which is near median its own 10-year median of 15.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MKSystem stock overvalued right now?
Based on GuruFocus' analysis, MKSystem (TSE:3910) is currently considered Modestly Undervalued. The stock's GF Value™ is 円360.90, compared to a current price of 円277.00 — trading 23.2% below its estimated fair value. The current Days Payable is 14.83, which is near median its 10-year median of 15.74 and 71.9% below the Software industry median of 52.78. MKSystem's overall GF Score™ is 56/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For MKSystem (TSE:3910), the current Days Payable is 14.83 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is MKSystem (TSE:3910) Overvalued in 2026?
Based on GuruFocus' analysis, MKSystem stock appears to be undervalued.
The current stock price of 円277.00 is trading 23.2% below its estimated GF Value™ of 円360.90.
GuruFocus considers MKSystem to be Modestly Undervalued.
Key valuation signals for TSE:3910:
Days Payable: 14.83 (near median its 10-year median of 15.74)
GF Value™: 円360.90 vs. price of 円277.00 (23.2% below fair value)
Industry Position: 71.9% below the Software median (#2160 of 2603)
No single metric tells the full story. See the TSE:3910 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MKSystem Corp is engaged in the development and sale of software services that support social insurance, labor insurance, and related administrative tasks. The group operates under two business segments: Sharomu Business and CuBe Business. The Sharomu segment provides ASP software services related to social and labor insurance. The CuBe segment provides customized consulting and system solutions designed to enhance operational efficiency for corporate administrative departments.
56GF Score
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